CGI+ offloads 5-acre Torrance development site to JPI for $40M

CGI+ Real Estate Strategies, the multifamily investment firm founded by Gidi Cohen, has sold a fully entitled Los Angeles development site to JPI for $40 million, The Real Deal has learned. The 4.9-acre, shovel-ready property, at 22107-22127 Vermont Avenue, is adjacent to The Harbor-UCLA Medical Center at South Vermont Avenue near 220th Street in Torrance. […]

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